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Showing 741 - 750 of 4737 results for "Distribution"

Praemium hires governance, risk chief

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JUL 2023
... strategy officer, head of people and culture, and chief technology officer. It's also seen the departure of chief distribution officer Martin Morris, with his responsibilities passed on to strategy chief Denis Orrock. "The new team has the experience ...

Platinum loses $232m in FY23

CASSANDRA BALDINI  |  WEDNESDAY, 12 JUL 2023
... about $162 million from the Platinum Trust Funds. It further explained the losses do not include the impact of the distribution to unit holders of $566 million or the distribution re-investment of $156 million. Looking ahead, Platinum expects the 2023 ...

GQG hits US$104bn in FUM

ANDREW MCKEAN  |  MONDAY, 10 JUL 2023
... 2023. The asset manager attributed this robust growth to its long-term investment performance and expansive global distribution footprint. GQG managing director Laird Abernethy told Financial Standard : "2022 was a challenging year for the industry given ...

16% of asset managers to exit by 2027: PwC

ANDREW MCKEAN  |  MONDAY, 10 JUL 2023
... be held up by valuation uncertainty and funding constraints in the short term," PwC said. "The need for control of distribution and the client relationship is also likely to spur vertical integration as asset and wealth management organisations bring ...

ASX consultation: Time to say goodbye to mFund?

ANDREW MCKEAN  |  FRIDAY, 7 JUL 2023
... conceived to simplify the way investors accessed unlisted managed funds, while simultaneously broadening fund managers distribution networks and offering brokers a broader range of products. However, since its inception, mFund has only amassed $1.6 billion ...

Australian Unity, Cromwell to merge funds

CHLOE WALKER  |  FRIDAY, 7 JUL 2023
... this opportunity to create a combined fund that benefits investors through increased scale, diversification, and distribution stability. Fernandes added that Cromwell's reputation as a "leading real estate funds manager and a custodian of investors' ...

abrdn's Jollie outlines next steps

ELIZABETH FRY  |  FRIDAY, 7 JUL 2023
... including the last 14 years as head of the local business. Previous roles with the asset manager include head of distribution, chief operating officer, head of marketing UK, product manager, and head of investment operations. He played a lead role in ...

Super fund satisfaction still poor: Report

JAMIE WILLIAMSON  |  THURSDAY, 6 JUL 2023
... all funds sits at +15 - in 2021 it was +26. "Not only have average scores flatlined, but we also see a shift in the distribution of scores over time. Fewer members are rating Satisfaction and Ease highly (scores of nine and 10), offset by more members ...

Magellan's FUM falls again

CHLOE WALKER  |  THURSDAY, 6 JUL 2023
Magellan Financial Group has taken yet another blow to its funds under management (FUM), falling $1.7 billion during the month of June. Magellan's FUM now sits at $39.7 billion. It experienced net outflows of $2.1 billion in the month, which included ...

Alium Capital enters wholesale market

CHLOE WALKER  |  THURSDAY, 6 JUL 2023
... profitable, and none are burning a lot of cash, he added. In January, Alium appointed Matthew Newham as its head of distribution. Prior to Alium, Newham served as head of distribution at hedge fund VGI partners, as well as holding senior roles at abdrn ...